Please people, if you are going to look at stock prices, look back a year, two, or more. Reddit was slightly up from its 5 year point when in October 2024, like many other stocks, it wildly went up. It isn’t yet back down to the pre-October level. Someone (Musk and fellow billionaires?) have been playing these markets since the last US election to game money out of everyone else. There was no value in the business to justify the jump, just a pump and dump scheme to graft money out of the lower classes/pension portfolios.
Go back and look at what people actually said. Because you decided to change the topic and then blame them for being ignorant, and I think that’s disrespectful to them and embarrassing for you.
How dare you ask people on the internet to have reading, interpretation and critical thinking skills and not just read the headline and immediately jump to conclusions based on superficial evidence at best?!
Please people, if you are going to look at stock prices, look back a year, two, or more. Reddit was slightly up from its 5 year point when in October 2024, like many other stocks, it wildly went up. It isn’t yet back down to the pre-October level. Someone (Musk and fellow billionaires?) have been playing these markets since the last US election to game money out of everyone else. There was no value in the business to justify the jump, just a pump and dump scheme to graft money out of the lower classes/pension portfolios.
This!!
It annoys me so much when people show stocks of a few wees as evidence that a company is doing bad. You should look a year back or more.
Go back and look at what people actually said. Because you decided to change the topic and then blame them for being ignorant, and I think that’s disrespectful to them and embarrassing for you.
How dare you ask people on the internet to have reading, interpretation and critical thinking skills and not just read the headline and immediately jump to conclusions based on superficial evidence at best?!
The entire stock market is down, BUT LOOK AT THIS ONE STOCK WITH THIS ONE THING THAT 100% IS THE REASON!!